Recordkeeper definition
Recordkeeper means the entity that maintains electronic records of the Plan’s participants and their individual accounts.
Recordkeeper means the individual or entity responsible for keeping records of Plan activity including the tracking of Participant Deferred Compensation Account balances. As to applicable tax and regulatory rules, the actions of the Recordkeeper are limited to executing the decisions and directions of the Committee. The Recordkeeper does not make plan administration decisions.
Recordkeeper means a “financial intermediary” as defined in Rule 22c-2 of the Investment Company Act.
Examples of Recordkeeper in a sentence
If the Employer does not provide the Recordkeeper with data to reflect a Participant’s Credit, the Credit will receive the same vesting schedule assigned to the Participant’s last Credit.
The Employer will notify the Recordkeeper in writing at the time a vesting schedule is to be applied to a Participant’s Deferred Compensation Account.
More Definitions of Recordkeeper
Recordkeeper means the individual or entity appointed by the FPPA or Board to perform third-party service and administrative functions.
Recordkeeper means the company designated by the Board to perform recordkeeping, administrative, and/or investment services to the Plan.
Recordkeeper means the third party administrator that maintains records for the Plan.
Recordkeeper means Computershare, or its successor, or such replacement recordkeeper as may be appointed or contracted to assist with the recordkeeping and administration of this Plan.
Recordkeeper means the company designated by the Board of Trustees to perform recordkeeping, administrative, and investment services to the DC System.
Recordkeeper means a contracted third-party administrator that the Plan may contract with and delegates certain administrative authority to establish and keep track of Participant Accounts, including contributions, withdrawals, balances, transactions (e.g. fund transfers), and other activities authorized by the Committee and Administrative Staff. Recordkeeper(s) serve at the pleasure of the Committee and under the day-to-day oversight and management of the Plan’s Executive Officer who serves as the primary contact and support for the Committee, but is appointed by and serves at the pleasure of the Director of the State of Nevada Department of Administration.
Recordkeeper means the recordkeeper of the Trust appointed by the Administrator to keep track of the owners of Participating Preferred Trust Units and process purchase and redemption orders, the recordkeeper being Investment Administration Solutions Inc.